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Author Topic: Do you have 100+ BTC ? - How do you plan to cashout ?  (Read 4673 times)
Arcteryx
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May 14, 2016, 12:27:20 PM
 #101

I, like others have no need to cash out, even if the price of bitcoin goes goes beyond the stratosphere.

If I did ever need to cash out for whatever reason, I guess I would use an exchange or localbicoins.
Yeah, I know. Not everybody is in desperate need for money and some can hold out for the rise in price is bound to happen soon.

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May 14, 2016, 02:02:53 PM
 #102

Users wealth also depends on a lot of mining -power and who gets block`s.
Decision is taken by the pool admin  Lips sealed

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May 14, 2016, 02:41:34 PM
 #103

Bubble burst? Sick and tired of these speculations. Get a BTC debit card and cash out what u need and when u need. Stop trying to speculate the market.

That is good advice. I do not want to sell my bitcoins. So I will just use it with bitcoin debit card to buy things.

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andrew24p
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May 14, 2016, 09:08:13 PM
 #104

"100 BTC is not a huge holding in the grand scheme of thinhgs"

Apparantly, $45,800 is not a huge holding. That's what someone earns in a year.

yes but even 45k out of the market cap is only 0.000006% . Many people in the world earn 100x that a year. Its all relative.

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Altynbekova
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May 14, 2016, 09:14:29 PM
 #105

I would never cash it out in real money, I would just sometimes spend things with the bitcoin, you can these days already buy some nice things for yourselves with the bitcoin so that makes it a easy call for me.
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May 15, 2016, 03:51:21 AM
Last edit: May 22, 2016, 06:53:09 AM by geopolisch
 #106

i will still invest the coins
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May 15, 2016, 03:56:58 AM
 #107

There are many sites such as Circle which enables people to have the chance to cashout without being scared of being scared. I have personally cashed out a few thousand using the site.

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May 15, 2016, 04:19:31 AM
 #108

Good luck getting stuff out Smiley
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May 15, 2016, 04:28:22 AM
 #109

This is assuming people here WANT to cash out, which is a big assumption my friend Smiley Unless this was an intentionally inflammatory topic? Anyway, there are a number of ways to do it: max out your exchange withdrawal, buy altcoins, send to other exchanges, etc. Maybe take it to forex and cash out in several fiats?

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May 19, 2016, 07:25:17 AM
 #110

There are many sites such as Circle which enables people to have the chance to cashout without being scared of being scared. I have personally cashed out a few thousand using the site.

Absolutely dude, we must get the safety when we want to change bitcoin into real currency. That site will help more for us. But i wondering that someone have 100 more btc. That one is very rich, that one use 400.000 dollars to buy bitcoin.

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May 19, 2016, 10:06:18 AM
 #111

I wish i had 100+ BTC.Unfortunately i don`t have that much  Undecided

I don`t know how to make that amount in a legit/white hat way.

If  i had 100+ btc,i would keep them.No need of cashout.



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May 19, 2016, 10:09:35 AM
 #112

I personally don't own 100 btc, but I do know a couple of people who do own 100 btc IRL. I asked them this when I first found out, and they told me they were going to hold until this halving :-/

looking for a signature campaign, dm me for that
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May 20, 2016, 01:25:11 PM
 #113

If you have more than 100 BTC there is a chance that you also have some other assets gathered, after all you don't need do cash out all of it at once.
The best and safest option will be splitting your money and sell it little by little. Or spend directly.
i think its some thing personal to answer. if a person have 100 bitcoin its mean that he is expert in bitcoin dealing, he also know the good and bad aspect of bitcoin collection, so i think he need no suggestion from any one
I think it would be better to conduct periodic sales indirectly. because we do not know what will happen to it after the bitcoin prices. maybe the price will go up? but if you think the price is in accordance with your expectations maybe you could sell everything directly
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May 22, 2016, 06:53:29 AM
 #114

I definitely do not have 100 or more Bitcoin. Why would you want to cash out now? The price is going up so much and you will make a lot of profit if you just hold.

I agree; there’s is so much expectation that the value of Bitcoin will gradually increase. Soon we probably would have Bitcoin being a global currency accept globally; when that happens it won’t be necessary to cashout or convert it into another currency. Keep investing in Bitcoin and be patient as the Bitcoin currency becomes realised worldwide.
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May 23, 2016, 06:21:03 PM
 #115

I have coinbase and i was going to use the wallet feature to store coin. but I also want to get a debit card but since i am USA i am not finding one i can use.. Does anyone know my option?  i dont have a bank account and dont want one. I would like to be able to spend some cash. I am saving up for land and i dont think i can buy land with BTC  or a house for that matter. so we still need cash in our system. also things like Gas for the car..
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May 23, 2016, 06:26:18 PM
 #116

I personally don't own 100 btc, but I do know a couple of people who do own 100 btc IRL. I asked them this when I first found out, and they told me they were going to hold until this halving :-/
well i dont have that much bitcoins too, and i think it is really good that they are holding at the moment because the price is surely going to increase a lot in the near future in my opinion

i dont have that much bitcoins though if i had that much i would most probably wait until bitcoins became a national currency and then spend it as ordinary money without cashing out
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May 23, 2016, 09:41:44 PM
 #117

I personally don't own 100 btc, but I do know a couple of people who do own 100 btc IRL. I asked them this when I first found out, and they told me they were going to hold until this halving :-/

Can't even imagine how much money they will get after halving. A lot of money, they can even stop working i think, but they also can multiply their goods.

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May 24, 2016, 07:23:44 AM
 #118

i dont have that amount,but i think you should try to sell that bitcoin in localbitcoins.com and find trusted and experience buyer there,i think 100BTC not small amount,its why you should sell it on several periode,too risky if you sell it in one time deal.

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May 24, 2016, 07:29:04 AM
 #119

I personally don't own 100 btc, but I do know a couple of people who do own 100 btc IRL. I asked them this when I first found out, and they told me they were going to hold until this halving :-/

Can't even imagine how much money they will get after halving. A lot of money, they can even stop working i think, but they also can multiply their goods.

Stop working because they have 100BTC? Not sure where you are coming from, but here in Europe 100BTC = €40,000 which will last you just over a year if you reserve €3000 each month. Beside that, I can't see the halving add much more value than around €50 per coin on top of that.
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May 24, 2016, 07:58:25 AM
 #120

It wont be smart that you are going to sell it now first you have to make an investment in Bitcoin and if you have that much money you have to know that it will takes a long time.
So cashout will be not that fast and you can see that it has to first rise and than you can see later what you can do.
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